Indian SME is undoubtedly a strong contributor to the economy. The SME sector generates significant employment while inputting considerably to the industrial output. While the union government continues to float policies and schemes to smoothen business challenges for the SME, there are further h…
Tag: #demonetization
Demonetisation SME impact: Short term pain, long term gain
Written exclusively for SMEpost.com by Rohit Arora, CEO of Biz2Credit Biz2Credit India welcomes this move announced by the Govt. to demonetize the existing series of the high denomination notes of Rs. 500 and Rs. 1000. While the move is primarily aimed at curbing the menace of black money and cou…
Realty bites for NBFCs’ business of loan against property
Demonetisation might further encourage non-banking financial companies (NBFCs) to look away from their loan-against property portfolios. “The growth rate of the loan-against-property business is likely to shrink to 15-20% this financial year, as compared with 22-24% two years ago”, sa…
Rs 2200 cr MSME Technology Centre coming up at Gr Noida to train 3000 trainees annually
Union MSME Minister Kalraj Mishra and Governor of Uttar Pradesh, Ram Naik on November 29, laid the foundation stone for MSME Technology Centre at Greater Noida. The center will focus on providing technological & skilled manpower support to Electronics Systems Design & Manufacturing (ESDM)…